Redemption ticket maker

A ticket making apparatus comprising:

• a feed system for drawing paper from a stack of fan-folded, sheets connected together at pre-existing perforations, said drive system employing pins circumferentially disposed about a plurality of rotating rollers, to engage longitudinally spaced apart tractor holes on said paper to move said paper through said apparatus;
• a perforating station for perforating the paper at intervals defined by a predetermined ticket length as said feed system directs said paper therethrough, said perforating station including a cylindrical platen cooperating with a rotating cylindrical perforator wherein the paper is fed between the cylindrical platen and the rotating cylindrical perforator, the perforator having a circumference equal to an integer number of sheets, said cylindrical perforator having radially spaced-apart rows of knives where the length of the arc on the cylindrical perforator's circumference between said rows is one ticket length, except a row of knives is omitted at intervals defined on said circumference of the perforator defining one sheet length, and wherein feed system is synchronized with the perforating station such that a location of each missing row of knives coincides with a location of the pre-existing perforation of the paper as the paper is fed through the perforating station.